STEEL PARTNERS HOLDINGS LP (SPLP) Stock Fundamental Analysis
NYSE:SPLP - US85814R1077
35.5 USD
+0.95 (+2.76%)
35 USD
-0.5 (-1.41%)
Overall SPLP gets a fundamental rating of 6 out of 10. We evaluated SPLP against 6 industry peers in the Industrial Conglomerates industry. While SPLP has a great profitability rating, there are some minor concerns on its financial health. SPLP has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year SPLP was profitable.
SPLP had a positive operating cash flow in the past year.
In the past 5 years SPLP has always been profitable.
SPLP had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
SPLP has a better Return On Assets (7.31%) than 71.43% of its industry peers.
SPLP has a Return On Equity of 23.10%. This is in the better half of the industry: SPLP outperforms 71.43% of its industry peers.
The Return On Invested Capital of SPLP (14.54%) is better than 100.00% of its industry peers.
The Average Return On Invested Capital over the past 3 years for SPLP is above the industry average of 8.05%.
The last Return On Invested Capital (14.54%) for SPLP is above the 3 year average (11.57%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.31% | ||
| ROE | 23.1% | ||
| ROIC | 14.54% |
ROA(3y)5.82%
ROA(5y)4.84%
ROE(3y)21.53%
ROE(5y)19.6%
ROIC(3y)11.57%
ROIC(5y)9.59%
1.3 Margins
Looking at the Profit Margin, with a value of 12.90%, SPLP is in the better half of the industry, outperforming 71.43% of the companies in the same industry.
In the last couple of years the Profit Margin of SPLP has grown nicely.
The Operating Margin of SPLP (15.99%) is better than 71.43% of its industry peers.
In the last couple of years the Operating Margin of SPLP has grown nicely.
With an excellent Gross Margin value of 43.17%, SPLP belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
In the last couple of years the Gross Margin of SPLP has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 15.99% | ||
| PM (TTM) | 12.9% | ||
| GM | 43.17% |
OM growth 3Y-0.4%
OM growth 5Y12.92%
PM growth 3Y14.39%
PM growth 5YN/A
GM growth 3Y8.13%
GM growth 5Y4.54%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so SPLP is destroying value.
SPLP has less shares outstanding than it did 1 year ago.
The number of shares outstanding for SPLP has been reduced compared to 5 years ago.
Compared to 1 year ago, SPLP has an improved debt to assets ratio.
2.2 Solvency
SPLP has a debt to FCF ratio of 0.93. This is a very positive value and a sign of high solvency as it would only need 0.93 years to pay back of all of its debts.
With an excellent Debt to FCF ratio value of 0.93, SPLP belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
SPLP has a Debt/Equity ratio of 0.24. This is a healthy value indicating a solid balance between debt and equity.
SPLP has a Debt to Equity ratio of 0.24. This is amongst the best in the industry. SPLP outperforms 85.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.24 | ||
| Debt/FCF | 0.93 | ||
| Altman-Z | N/A |
ROIC/WACC0.93
WACC15.59%
2.3 Liquidity
A Current Ratio of 1.34 indicates that SPLP should not have too much problems paying its short term obligations.
The Current ratio of SPLP (1.34) is comparable to the rest of the industry.
A Quick Ratio of 1.24 indicates that SPLP should not have too much problems paying its short term obligations.
SPLP has a better Quick ratio (1.24) than 71.43% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.34 | ||
| Quick Ratio | 1.24 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 83.61% over the past year.
The Earnings Per Share has been growing by 33.78% on average over the past years. This is a very strong growth
Looking at the last year, SPLP shows a small growth in Revenue. The Revenue has grown by 6.42% in the last year.
The Revenue has been growing slightly by 6.86% on average over the past years.
EPS 1Y (TTM)83.61%
EPS 3Y33.78%
EPS 5YN/A
EPS Q2Q%101.85%
Revenue 1Y (TTM)6.42%
Revenue growth 3Y9.97%
Revenue growth 5Y6.86%
Sales Q2Q%6.64%
3.2 Future
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
4. Valuation
4.1 Price/Earnings Ratio
SPLP is valuated cheaply with a Price/Earnings ratio of 3.27.
Compared to the rest of the industry, the Price/Earnings ratio of SPLP indicates a rather cheap valuation: SPLP is cheaper than 100.00% of the companies listed in the same industry.
SPLP is valuated cheaply when we compare the Price/Earnings ratio to 27.17, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.27 | ||
| Fwd PE | N/A |
4.2 Price Multiples
SPLP's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. SPLP is cheaper than 100.00% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of SPLP indicates a rather cheap valuation: SPLP is cheaper than 100.00% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 2.28 | ||
| EV/EBITDA | 1.44 |
4.3 Compensation for Growth
The excellent profitability rating of SPLP may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
SPLP does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
35.5
+0.95 (+2.76%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryIndustrial Conglomerates
Earnings (Last)
Earnings (Next)
Inst Owners39.73%
Inst Owner Change-16.4%
Ins Owners47.43%
Ins Owner Change1%
Market Cap679.83M
Analysts0
Price TargetN/A
Short Float %0%
Short Ratio0.04
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)N/A
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.27 | ||
| Fwd PE | N/A | ||
| P/S | 0.34 | ||
| P/FCF | 2.28 | ||
| P/OCF | 1.87 | ||
| P/B | 0.6 | ||
| P/tB | 0.76 | ||
| EV/EBITDA | 1.44 |
EPS(TTM)10.87
EY30.62%
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)15.58
FCFY43.88%
OCF(TTM)18.97
OCFY53.44%
SpS105.89
BVpS59.13
TBVpS46.45
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.31% | ||
| ROE | 23.1% | ||
| ROCE | 18.4% | ||
| ROIC | 14.54% | ||
| ROICexc | 18.87% | ||
| ROICexgc | 22.98% | ||
| OM | 15.99% | ||
| PM (TTM) | 12.9% | ||
| GM | 43.17% | ||
| FCFM | 14.71% |
ROA(3y)5.82%
ROA(5y)4.84%
ROE(3y)21.53%
ROE(5y)19.6%
ROIC(3y)11.57%
ROIC(5y)9.59%
ROICexc(3y)15.06%
ROICexc(5y)12.11%
ROICexgc(3y)18.38%
ROICexgc(5y)14.63%
ROCE(3y)14.64%
ROCE(5y)12.14%
ROICexcg growth 3Y17.24%
ROICexcg growth 5Y16.92%
ROICexc growth 3Y16.53%
ROICexc growth 5Y18.89%
OM growth 3Y-0.4%
OM growth 5Y12.92%
PM growth 3Y14.39%
PM growth 5YN/A
GM growth 3Y8.13%
GM growth 5Y4.54%
F-Score9
Asset Turnover0.57
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.24 | ||
| Debt/FCF | 0.93 | ||
| Debt/EBITDA | 0.72 | ||
| Cap/Depr | 109.53% | ||
| Cap/Sales | 3.2% | ||
| Interest Coverage | 2.69 | ||
| Cash Conversion | 94.71% | ||
| Profit Quality | 114.05% | ||
| Current Ratio | 1.34 | ||
| Quick Ratio | 1.24 | ||
| Altman-Z | N/A |
F-Score9
WACC15.59%
ROIC/WACC0.93
Cap/Depr(3y)96.26%
Cap/Depr(5y)82.15%
Cap/Sales(3y)2.9%
Cap/Sales(5y)2.78%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)83.61%
EPS 3Y33.78%
EPS 5YN/A
EPS Q2Q%101.85%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)6.42%
Revenue growth 3Y9.97%
Revenue growth 5Y6.86%
Sales Q2Q%6.64%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y27.75%
EBIT growth 3Y9.52%
EBIT growth 5Y20.68%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y1086.86%
FCF growth 3Y127.01%
FCF growth 5Y33.48%
OCF growth 1Y1611.82%
OCF growth 3Y67.14%
OCF growth 5Y26.94%